That's an old thing to be discussed again before bitcoin goes to the 60k and i remember that so many people were blaming bitcoin caused by it was not a reasonable investment and some people even said that as a scam. I do believe if you're going back to 10 years ago and you will be saying the same thing as what you have said about altcoin right now. Any investment will make you deal with the risk. if you didn't wanna get the risk and you must not deal with crypto. That depends on what kind of coin/token that you have picked it from the market. None was given the recommendation to deal with the garbage coin aka shitcoin/memetoken.
There will always be a hidden gem and the only chance for you to be rich through discovering the hidden gem that will become big cap crypto. Altcoin was reasonable to be used in the long term and I'm also using altcoin for the long term. I got almost 50x ROI from there. that's the power of altcoins.
Topic: How reasonable is the long-term investment in Altcoins? - page 19. (Read 2410 times)
We all know that long term investment in Bitcoin is reasonable but how reasonable do you think long term investment in Altcoins is?
I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?
the risk is commensurate with the profit earned. so altcoin investment is also worth considering. it's not a matter of reasonable or not, but we are talking about opportunity. bitcoin is good, everyone knows that. but for those who are new to crypto investing, buying bitcoins will not generate much profit. what's more with a small amount, it doesn't even pay off unless bitcoin is bull high. so altcoins are another consideration for those who are new to investing here. a low price with no less good potential, a reason to invest. Solana, BNB, Polkadot, ethereum, doge, shiba inu, are a list of altcoins that provide huge ROI for investors. and in the future, there will always be altcoins like this. so a long term investment in an altcoin is worth it, as long as the coin has potential. I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?
We all know that long term investment in Bitcoin is reasonable but how reasonable do you think long term investment in Altcoins is?
I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?
I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?
I think if the chosen altcoin is Ethereum or BNB then it makes sense to be a long-term investment, just look at the price of ETH now compared to 4 or 5 years ago, the price of ETH soared.
Yes, I agree that short-term altcoins are indeed more profitable, but not all altcoins are risky if invested long-term, depending on how big the development of an altcoin project is.
We all know that long term investment in Bitcoin is reasonable but how reasonable do you think long term investment in Altcoins is?
I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?
it's actually depends which altcoins you want to invest. If you rely in any new projects in the market of course its very risky and you don't know if it can really guarantee a food return after all, but if you choose those top altcoins in the market, well perhaps you can assure that they're reasonable as well like bitcoin.. Indeed many investors already knew how legitimate some of the alts projects in the market especially when it comes long term, so must make research so that you have information which still can survive in long term.. Not those new projects because it's unpredictable. I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?
Long term investment in major Altcoins is also as reasonable as long-term investment in bitcoin. Imagine if you have bought ether, doge, ADA and some major Altcoins in 2017. Isnt that reasonable enough?.
So, long-term investment on Altcoins really depends on what kind of Altcoin you wanna invest on.
So I don't agree with you.
So, long-term investment on Altcoins really depends on what kind of Altcoin you wanna invest on.
So I don't agree with you.
It actually depends on what coin you are holding if it is some meme coin or shit coin I don't think it's reasonable for holding but if it is something like ETH, BNB, SOL and DOT I think it is reasonable to hold this coin for a long term investment. I think for other coins like DOGE, SHIB and others I think it is suitable for short term investment.
It depends on the altcoin for sure. I think of different scenarios like below.
If you have bought shitcoins = short term
If you have bought notable projects = long term
My personal experience is that if I buy shitcoins because of hype, I would immediately sell them once I have reached a good gain with my trade.
When I believe in a project, I would buy a considerable amount that I can afford and then make sure that I'm okay with it if it goes to zero value. If the project has staking involved, I will stake it for a long-time to make sure I don't mess with my balance and sell too early.
- You buy shitcoins
- You buy notable projects
If you have bought shitcoins = short term
If you have bought notable projects = long term
My personal experience is that if I buy shitcoins because of hype, I would immediately sell them once I have reached a good gain with my trade.
When I believe in a project, I would buy a considerable amount that I can afford and then make sure that I'm okay with it if it goes to zero value. If the project has staking involved, I will stake it for a long-time to make sure I don't mess with my balance and sell too early.
We all know that long term investment in Bitcoin is reasonable but how reasonable do you think long term investment in Altcoins is?
If that's not reasonable and how is it possible there are lots of new millionaires from altcoins? Imagine those who have been investing in binance when the price was around 50 cents and this time they are enjoying their life with multi millions USD on their pocket. can you still call that as a non reasonable investment? If you got legit coin and it can make you to be a new millionaire. I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?
Investing in bitcoin will always involve the risk in your investment. Imagine you have been invested in bitcoin when the price was around 60k and it drops to the 30k. The same thing happened with altcoin as well. Both have big risk as crypto was very volatile. I do agree if altcoin is more profitable right now caused by it has small cap compared with bitcoin.
We all know that long term investment in Bitcoin is reasonable but how reasonable do you think long term investment in Altcoins is?
I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?
It's depends on which altcoins you invest but basically all form of investment have an risk but for crypto it's much higher since the market was volatile so no one controlling it but beside like that it's still good option if you choose some good altcoin with clear prospect and real use case but on the other side for short-term i think it's much better since most of altcoin out there right now didn't have any real use case like meme based coin or anything like that. I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?
We all know that long term investment in Bitcoin is reasonable but how reasonable do you think long term investment in Altcoins is?
I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?
I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?
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